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In a bank statement, "capture" typically refers to the process of recording and processing transactions made with a bank account, such as deposits, withdrawals, and transfers. It ensures that all financial activities are accurately reflected in the account balance. This term is often associated with the handling of electronic transactions, where data is captured by the bank's systems for reconciliation and reporting purposes.

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2mo ago

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Related Questions

What does dep mean on bank statement?

Deposit amt.


Is the Bank Reconciliation statement a part of financial statement?

Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.


What is bank reconciliation statement?

Bank Reconciliation Statement


What is edc in a mini bank statement?

EDC in a mini bank statement typically stands for "Electronic Data Capture." It refers to the process of electronically recording transaction details, such as purchases or withdrawals, made through debit or credit cards. This information is summarized in the mini statement to provide a quick overview of recent account activity.


Who prepares the bank statement?

bank prepares a bank statement ..one copy of bank statement is with us called cash book and other is with bank called pass book


Who prepares bank statement?

bank prepares a bank statement ..one copy of bank statement is with us called cash book and other is with bank called pass book


Where can one check their bank statement?

A bank statement can be checked in many ways. The three most common are a paper statement either mailed by the bank to the account owner or obtained a the bank, a statement viewed or printed at an ATM, or a statement viewed or printed on the bank's website.


What does GA on a bank statement mean?

what does ga mean on bank statement


How can I find my bank statement?

You can find your bank statement by logging into your online banking account, visiting your bank's website, or contacting your bank directly to request a copy of your statement.


What does mbs adj on a bank statement mean?

On a bank statement, MBS ADJ stands for manual bank statement, adjustment. This is done when the electronic bank statement is not working and the adjustment is being done manually.


Can you delete a bank statement?

No, you cannot delete a bank statement. Once a bank statement is generated, it is a permanent record of your financial transactions and cannot be deleted.


What does 'ITL' mean on a bank statement?

ITL on a bank statement means International.